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Stocks in (Very) Minor Negative Territory Pre-NY

EQUITIES

European equity markets have taken minor move lower this morning, with mainland indices in the red by 0.1-0.4%. The most notably mover has been Spanish stocks, with the IBEX-35 off 1% as major industrial name Solaria Energia sags on disappointing earnings.

Across Europe, the utilities sector is leading losses, with communication services and tech firms not far behind. Energy is the sole sector in the green, with persistent strength in WTI and Brent crude prices underpinning the gains.

The e-mini S&P hit new all time highs in Asia-Pacific trade at 3913.25 but has stagnated slightly since. Earnings continue Tuesday, with reports due from Twitter and Cisco Systems among others.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
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